NEET labs Investment (milestone 1)

NEET Labs is a leading company in art, NFTs, and innovative blockchain solutions, driven by a team with over 25 years of combined experience in the video game sector. They merge art and technology to revolutionize the digital asset landscape with unique fashion collections.

Their focus extends beyond art to developing DApps bridging DeFi and gaming, offering seamless integration and immersive experiences in the Astar network ecosystem.

Currently part of the Astar Dapp B2E program, NEET Labs has already collected over $1.5 million AST after just a few weeks.

They are developing three products on Astar zkEVM:

1. NEET Raffle (https://NEET.gg/) : A groundbreaking fundraising platform on the blockchain enhancing engagement and creativity among users and creators.

2. NEET DEX: A decentralized exchange addressing critical issues in cryptocurrency trading, providing user control, lower fees, and a wide token selection.

3. Fractal RED (https://docs.neet.gg/v/fractal-red/) : An engaging Web3 P2E RPG where players embark on monster-hunting adventures. https://www.youtube.com/@FractalRED https://www.youtube.com/watch?v=ORRafGGJYfw&ab_channel=FractalRED

NEET Labs seeks $30,000 from AD Dao, split equally between three milestones, with AD DAO and NFT holders receiving various benefits such as discounts on NEET NFT collections and access to the private sale of $FRACL RED tokens. A vote will be held for each development milestone to give AD DAO the flexibility to reafirm its support to NEET labs as they see fit allong this 3 step developpment.

See complet 3 milestone proposal here : https://docs.google.com/document/d/1j81Cib7huenXeLPUSLRQ94thvj2ojuZsTH_5JNQWJ10

The project aims to achieve 1000 monthly unique users within the first month after launch, with a target of at least 50% month-over-month growth.

Additionally, NEET Labs emphasizes the manga universe of their project, appealing particularly to the Japanese community.

For this first milestone of 10k$, NEET labs offere :

• 20% of its 10k NEET NFTs Collection: NEET NFT holder benefit from an extensive list of advantage while using NEET raffle plateform as well as 2% of the raffle plateform monthly revenu. Holding 20% of NEET NFT Collection would grant right to AD DAO to perceive 0.4% of the NEET Raffle platform's monthly revenue and a zero-fee policy for using the platform. Additionally, with this proposal, AD DAO will purchase NEET NFTs at a preferential rate of $5/NEET, compared to the market price of $30/NEET.

• Access to Fractal RED Token Private Sale: AD DAO will have preferential access to purchase $FRACL RED tokens at a rate of $0.001/token before their public listing, providing an advantageous entry point for the AD treasury.

• 50% Discount on NEET NFTs Collections: NEET Labs offers Astar Degen NFT holders a 50% discount on NEET NFT collections, along with merchandise giveaways and zero-fee integration into the NEET ecosystem.

NEET labs goals include achieving 1000 monthly unique users within the first month after launch, with a target of at least 50% month-over-month growth.

Milestone 1 involves the release of the Raffles Dapp on multiple chains to enhance user engagement. Risks include the potential for the NEET NFT collection's value to drop to zero.

Voter are invited to choose between the 2 following options :

• NAY! I don't want to invest in NEET labs :(
• AYE! I want to invest in NEET labs :)

The final result will be determined by a vote in 7 days, requiring a minimum quorum of 1500 with 2/3 majority support.